SMI ME Australian Property - Managed Fund (Closed)

Fund Objective

The fund is to achieve returns that exceed the inflation rate (change in the CPI) by 3% per annum (after tax), on a rolling five year basis. This objective is expected to be achieved around 65% of the time. To achieve this, the Property Option will invest mainly in listed Australian and international property. It aims to limit the likelihood of applying negative annual returns to one in every three years (i.e. approx. 6.7 times in 20 years).

Fund Performance Comparison

Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers using {{ fund.benchmark.name }} as their benchmark.

{{ fund.name }}

Peers

Benchmark ({{ fund.benchmark.name }})

{{ fund.model.name }}

The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns.

Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers.

Free investor guide

Grow your money, not your fees

It's fees rather than returns that make the biggest difference to your investment's compounding returns. Free Fees Report

Investing made simple

Our professionally-tailored investment portfolios consistently beat most of our peers. Free investor guide

Fees Comparison

% p.a.

Average of peers ({{ fund.benchmark.peers.peerCount }})

NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	0.72%	2.3%	6.39%	21.4%	12.81%	12.05%	1.9%	-%
Growth return	0.72%	2.3%	3.06%	13.47%	5.32%	5.29%	-4.14%	-%
Income return	0%	0%	3.33%	7.93%	7.49%	6.76%	6.04%	-%
Market index (S&P/ASX 200 A-REIT TR)
Total return	-2.51%	4.46%	14.2%	52.18%	21.11%	8.02%	6.24%	9.27%

As at 28 Feb 2013. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

SMI ME Australian Property

Cash: 6.42%

Property: 93.58%

Australian Equities: 0%

International Equities: 0%

Fixed Interest: 0%

Alternatives: 0%

Average Allocation of Peers

Cash: 1.82%

Property: 95.03%

Australian Equities: 2.12%

International Equities: 0.75%

Fixed Interest: 0.25%

Alternatives: 0.04%

General Information

Fund Details

Type	Description
Fund Name	SMI ME Australian Property
Fund Status	Closed
Responsible Entity	Super Members Investments Limited
APIR Code	SMI0008AU
Sector/Asset Class	Unlisted and Direct Property
Morningstar Rating	(as at 28 Feb 2011)
Legal Structure	Investment Fund
Fund Inception	16 Jul 2003
Fund Size	$0.52 million (as at 31 Jan 2013)
Entry Price	n/a
Exit Price	$1.0249 (as at 27 Feb 2013)
Fund Status	Finalised

Offer information

Type	Description
MER	1.44% (as at 30 Jun 2008)
Indirect Cost Ratio (ICR)	0% (as at 30 Jun 2012)
Minimum initial investment	$1,000.00

FAQs about the SMI ME Australian Property

What is the objective of the SMI ME Australian Property managed fund?

The objective of the SMI ME Australian Property managed fund is The fund is to achieve returns that exceed the inflation rate (change in the CPI) by 3% per annum (after tax), on a rolling five year basis. This objective is expected to be achieved around 65% of the time. To achieve this, the Property Option will invest mainly in listed Australian and international property. It aims to limit the likelihood of applying negative annual returns to one in every three years (i.e. approx. 6.7 times in 20 years).

What is the strategy for the SMI ME Australian Property managed fund?

The strategy of the SMI ME Australian Property managed fund is

What is the APIR code of the SMI ME Australian Property managed fund?

The APIR code of the SMI ME Australian Property managed fund is SMI0008AU.

What was SMI ME Australian Property’s total return last month?

SMI ME Australian Property’s total return last month was 0.72%. This was made up of a growth return of 0.72% and an income return of 0%. These returns were calculated as at 28 Feb 2013.

What was SMI ME Australian Property’s total return for the last three months?

SMI ME Australian Property’s total return for the last three months was 2.3%. This was made up of a growth return of 2.3% and an income return of 0%%. These returns were calculated as at 28 Feb 2013.

What is SMI ME Australian Property’s one-year total return?

SMI ME Australian Property’s one-year total return is 21.4%. This was made up of a growth return of 13.47% and an income return of 7.93%. These returns were calculated as at 28 Feb 2013.

What is SMI ME Australian Property’s three-year total return?

SMI ME Australian Property’s one-year total return is 12.05%. This was made up of a growth return of 5.29% and an income return of 6.76%. These returns were calculated as at 28 Feb 2013.

What is the asset allocation of the SMI ME Australian Property managed fund?

The asset allocation of the SMI ME Australian Property managed fund is :

Cash: 6.42%

Property: 93.58%

Australian Equities: 0%

International Equities: 0%

Fixed Interest: 0%

Alternatives: 0%

Who is the responsible Entity of the SMI ME Australian Property managed fund?

The Responsible Entity for the SMI ME Australian Property managed fund is Super Members Investments Limited.

What sector/asset class does the SMI ME Australian Property managed fund belong to?

The SMI ME Australian Property managed fund belongs to the Unlisted and Direct Property sector/asset class.

What is the size of the SMI ME Australian Property managed fund?

As at 31 Jan 2013, the size of the SMI ME Australian Property managed fund was $0.52 million.

What is the inception date of the SMI ME Australian Property managed fund?

The SMI ME Australian Property managed fund has an inception date of 16 Jul 2003.

What is the current entry price of the SMI ME Australian Property managed fund?

The current entry price of the SMI ME Australian Property managed fund is $ per unit and the current exit price is $1.0249 per unit (as at 27 Feb 2013).

What is the current exit price of the SMI ME Australian Property managed fund?

The current exit price of the SMI ME Australian Property managed fund is $1.0249 per unit and the current entry price is $ per unit (as at 27 Feb 2013).

What is the minimum investment amount for the SMI ME Australian Property managed fund?

The minimum initial investment amount for the SMI ME Australian Property managed fund is $1,000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

What our members say about us